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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2023
Jul. 31, 2022
Current assets:    
Cash and cash equivalents $ 441,232 $ 311,553
Accounts receivable, trade, net 543,865 848,814
Accounts receivable, other, net 99,354 95,367
Inventories, net 1,653,070 1,754,773
Prepaid income taxes, expenses and other 56,059 51,972
Total current assets 2,793,580 3,062,479
Property, plant and equipment, net 1,387,808 1,258,159
Other assets:    
Goodwill 1,800,422 1,804,151
Amortizable intangible assets, net 996,979 1,117,492
Deferred income tax assets, net 5,770 7,950
Equity investments 126,909 10,811
Other 149,362 147,090
Total other assets 3,079,442 3,087,494
TOTAL ASSETS 7,260,830 7,408,132
Current liabilities:    
Accounts payable 736,275 822,449
Current portion of long-term debt 11,368 13,190
Short-term financial obligations 49,433 21,403
Accrued liabilities:    
Compensation and related items 189,324 254,772
Product warranties 345,197 317,908
Income and other taxes 100,631 57,391
Promotions and rebates 163,410 134,298
Product, property and related liabilities 54,720 61,700
Other 66,124 72,805
Total current liabilities 1,716,482 1,755,916
Long-term debt 1,291,311 1,754,239
Deferred income tax liabilities, net 75,668 115,931
Unrecognized tax benefits 14,835 17,243
Other liabilities 179,136 164,149
Total long-term liabilities 1,560,950 2,051,562
Contingent liabilities and commitments
Stockholders’ equity:    
Preferred stock—authorized 1,000,000 shares; none outstanding 0 0
Common stock—par value of $.10 per share; authorized 250,000,000 shares; issued 66,344,340 and 66,059,403 shares, respectively 6,634 6,606
Additional paid-in capital 539,032 497,946
Retained earnings 4,091,563 3,813,261
Accumulated other comprehensive (loss), net of tax (68,547) (181,607)
Less treasury shares of 13,030,030 and 12,382,441, respectively, at cost (592,667) (543,344)
Stockholders’ equity attributable to THOR Industries, Inc. 3,976,015 3,592,862
Non-controlling interests 7,383 7,792
Total stockholders’ equity 3,983,398 3,600,654
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,260,830 $ 7,408,132